2017-05-08T12:22:53-05:00 2016-06-30 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2015-07-01 043457065 THE SCHOTT FDTN FOR PUBLIC EDUCATION SCHO 6178767700 675 MASSACHUSETTS AVENUE 8TH FLOOR CAMBRIDGE MA 02139 JOHN H JACKSON PRESIDENT AND CEO 6178767700 2017-04-12 1 JOSEPH M GISO P00030126 6177610600 2017-04-12 2015 2021-01-29 14:40:06Z JOHN H JACKSON 675 MASSACHUSETTS AVENUE 8TH FLOOR CAMBRIDGE MA 02139 5564317 0 X WWW.SCHOTTFOUNDATION.ORG X 1999 MA PLEASE SEE SCHEDULE OTHE PURPOSE OF THE CORPORATION IS TO ENGAGE IN THE FOLLOWING ACTIVITIES: (1) TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES UNDER CODE SECTION 501(C)(3), (2) TO DEVELOP AND STRENGTHEN A BROAD-BASED AND REPRESENTATIVE MOVEMENT TO ACHIEVE FULLY RESOURCED, QUALITY PRE K-12 PUBLIC EDUCATION, AND (3) TO ENGAGE IN ANY AND ALL OTHER LAWFUL ACTIVITIES INCIDENTAL TO AND IN PURSUIT OF THE FOREGOING PURPOSES, EXCEPT AS SPECIFICALLY RESTRICTED BY THE ARTICLES OF ORGANIZATION. 9 9 15 9 10000 0 4707372 5253010 0 0 382543 261735 20000 10000 5109915 5524745 2190890 2838800 0 0 1504465 1675477 0 0 206821 799998 842326 4495353 5356603 614562 168142 9862341 10448492 1400719 2153197 8461622 8295295 X PLEASE SEE SCHEDULE OTHE PURPOSE OF THE CORPORATION IS TO ENGAGE IN THE FOLLOWING ACTIVITIES: (1) TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES UNDER CODE SECTION 501(C)(3), (2) TO DEVELOP AND STRENGTHEN A BROAD-BASED AND REPRESENTATIVE MOVEMENT TO ACHIEVE FULLY RESOURCED, QUALITY PRE K-12 PUBLIC EDUCATION, AND (3) TO ENGAGE IN ANY AND ALL OTHER LAWFUL ACTIVITIES INCIDENTAL TO AND IN PURSUIT OF THE FOREGOING PURPOSES, EXCEPT AS SPECIFICALLY RESTRICTED BY THE ARTICLES OF ORGANIZATION. 0 0 3936377 2838800 OPPORTUNITY TO LEARN - THE OPPORTUNITY TO LEARN PHILANTHROPIC STRATEGY IS AN EFFORT TO INCREASE RESOURCE ACCOUNTABILITY AND ENSURE THAT RACE IS NO LONGER A SIGNIFICANT PREDICTOR OF EDUCATIONAL RESOURCE ACCESS OR OUTCOMES. THE SCHOTT FOUNDATION WILL USE ITS ADVOCACY MANAGEMENT FIRM PHILANTHROPIC MODEL TO MANAGE A GRANT MAKING STRATEGY TO BUILD THE PUBLIC WILL TO INCREASE THE NUMBER OF STATES THAT ADOPT AN "OPPORTUNITY TO LEARN" REFORM FRAMEWORK AND CREATE A FEDERAL RIGHT TO AN OPPORTUNITY TO LEARN. 105891 EDUCATION VOTERS OF PENNSYLVANIA - OTHER FUNDING TO ADVOCATE FOR EQUITABLE RESOURCES FOR PRE K-12 SCHOOLS TO PROVIDE EXCELLENT EDUCATION FOR ALL CHILDREN WITH AN EMPHASIS ON POOR CHILDREN AND CHILDREN OF COLOR, VIA IMPROVED PUBLIC POLICY, LEADERSHIP AND INCREASED PUBLIC WILL. 4042268 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 28 0 1 15 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NY X X HEIDI BROOKS 6178767700 675 MASSACHUSETTS AVENUE 8TH FLOOR CAMBRIDGE MA 02139 GREG JOBIN-LEEDS CO-CHAIR 1.00 0.00 X X 0 0 0 BAISHALI RINKU SEN CO-CHAIR 1.00 0.00 X X 0 0 0 MIREN URIARTE CLERK 1.00 0.00 X X 0 0 0 MARIA JOBIN-LEEDS TREASURER 1.00 1.00 X X 0 0 0 MAISIE CHIN BOARD DIRECTOR 1.00 0.00 X 0 0 0 ANDREW GILLUM BOARD DIRECTOR 1.00 1.00 X 0 0 0 JACKIE JENKINS-SCOTT BOARD DIRECTOR 1.00 0.00 X 0 0 0 LILO LEEDS BOARD DIRECTOR 1.00 0.00 X 0 0 0 SHARON LETTMAN-HICKS BOARD DIRECTOR 1.00 0.00 X 0 0 0 ANTONIA DARDER BOARD DIRECTOR 1.00 0.00 X 0 0 0 DEBORAH LABELLE BOARD DIRECTOR 1.00 0.00 X 0 0 0 JOHN H JACKSON PRESIDENT & CEO 40.00 1.00 X 380606 0 51769 CASSIE SCHWERNER SENIOR VP OF PROGRAMS 40.00 0.00 X 169057 0 42467 HEIDI BROOKS CHIEF OPERATING OFFICER 40.00 0.00 X 165804 0 17795 715467 0 112031 3 0 1 0 0 5253010 5253010 301307 301307 39572 -39572 -39572 -39572 MANAGEMENT FEE-RELATED 561000 10000 10000 10000 5524745 0 10000 261735 2838800 2838800 826219 388351 405849 32019 692715 324309 254880 113526 25136 10356 14780 70708 22465 37413 10830 60699 32484 18392 9823 3250 3250 3780 1462 2318 136831 136831 40401 40401 120941 102002 6268 12671 535 535 58304 15215 38689 4400 158898 124274 26684 7940 40104 38719 131 1254 16747 6302 8129 2316 11803 474 11329 RENT & UTILITIES 157598 70191 80218 7189 TELEPHONE 25295 16949 7011 1335 PRINTING & PUBLICATIONS 7802 7433 220 149 SOFTWARE FEE/MAINTENANC 6418 859 3461 2098 53619 41088 11260 1271 5356603 4042268 1107514 206821 339764 191430 2273150 3074481 177250 880000 27312 25744 25329 18662 158921 100741 50145 58180 6937057 6165965 32334 34030 9862341 10448492 202719 193197 1198000 1960000 1400719 2153197 X 1618739 1765430 6842883 6529865 8461622 8295295 9862341 10448492 168142 -334469 0 X 0 1 X 1 0 X 2794345 1909990 3275477 4706021 4249638 16935471 2794345 1909990 3275477 4706021 4249638 16935471 8852080 8083391 120467 155535 142766 182311 301307 902386 35000 20000 20000 20000 10000 105000 74673 1351 3372 79396 18022253 0.44850 0.23640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31000 0 31000 5118782 5149782 407489 101872 0 0 373685 345909 371944 407489 1499027 2248541 50000 54100 35000 31000 170100 93421 86477 92986 101872 374756 562134 35000 39100 35000 31000 140100 6937057 -95092 676000 6165965 6859481 77576 6937057 6612188 918361 671068 6859481 6435545 793468 616825 6612188 1061270 5000000 374275 6435545 0.19000 0.00000 0.81000 0 0 158921 100741 58180 58180 X 5149875 -334469 -334469 5484344 40401 40401 5524745 5316202 0 5316202 40401 40401 5356603 PART V, LINE 4: THE SCHOTT FOUNDATION ENDOWMENT WAS CREATED TO PROVIDE LONG-TERM FINANCIAL SUPPORT FOR THE SCHOTT FOUNDATION. ACCORDINGLY, THESE FUNDS ARE MANAGED WITH DISCIPLINED LONGER-TERM INVESTMENT OBJECTIVES AND STRATEGIES DESIGNED TO MEET CASH FLOWS AND SPENDING REQUIREMENTS. MANAGEMENT OF THE ASSETS IS DESIGNED TO ATTAIN THE MAXIMUM TOTAL RETURN CONSISTENT WITH ACCEPTABLE AND AGREED UPON LEVELS OF RISK. IT IS THE GOAL OF THE AGGREGATE LONG-TERM INVESTMENTS TO GENERATE AN AVERAGE TOTAL ANNUAL RETURN THAT EXCEEDS THE SPENDING/PAYOUT RATE PLUS INFLATION. PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE FOUNDATION HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DECISIONS TO CLASSIFY REVENUES AS EXEMPT AS ITS ONLY SIGNIFICANT TAX POSITIONS. HOWEVER, THE FOUNDATION HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE FOUNDATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. ITS FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR THE PAST 3 YEARS. 1 ADVANCEMENT PROJECT 1220 L STREET NW SUITE 850 WASHINGTON DC 20002 954835230 501(C)(3) 50000 TRAINING ON SCHOOL-TO-PRISON PIPELINE AT THE 2015 OPPORTUNITY TO LEARN SUMMIT ALLIANCE INSTITUTEPOWER COALITION 3321 TULANE AVENUE SUITE 101 NEW ORLEANS LA 70119 800532025 501(C)(3) 15000 TO SUPPORT LOUISIANA'S PEOPLES AGENDA FOR EDUCATION CAMPAIGN AMERICAN FEDERATION OF TEACHERS 555 NEW JERSEY AVE NW WASHINGTON DC 20001 521439116 501(C)(3) 40000 TO SUPPORT THE 2015 OTL SUMMIT IN NEW ORLEANS ARKANSAS ADVOCATES FOR CHILDREN AND FAMILIES 1400 WMARKHAM STREET SUITE 306 LITTLE ROCK AR 72201 710492205 501(C)(3) 30000 TO SUPPORT THE ARKANSAS OPPORTUNITY TO LEARN CAMPAIGN ARKANSAS PUBLIC POLICY PANEL (APPP) 1308 WEST 2ND STREET LITTLE ROCK AR 72201 710467088 501(C)(3) 58000 TO SUPPORT THE ARKANSAS OPPORTUNITY TO LEARN CAMPAIGN ARKANSAS UNITED COMMUNITY COALITION PO BOX 9296 FAYETTEVILLE AR 72703 275271968 501(C)(3) 20000 TO SUPPORT THE ARKANSAS OPPORTUNITY TO LEARN CAMPAIGN THE BOSTON ALLIANCE OF LGBTQ YOUTH (BAGLY) 14 BEACON STREET SUITE 301 BOSTON MA 02108 042785336 501(C)(3) 20000 TO SUPPORT MASSACHUSETTS FAIR SHARE CAMPAIGN BROWN UNIVERSITYANNENBERG INSTITUTE FOR SCHOOL REFORM OFFICE OF SPONSORED PROJECTS BOX 1929 PROVIDENCE RI 02912 050258809 501(C)(3) 498000 TO SUPPORT EVALUATION OF PROGRAMS, EVALUATION OF HEALTHY LIVING AND LEARNING COMMUNITIES, AND TO ADDRESS DISCIPLINE DISPARITIES IN NASHVILLE CENTER FOR LABOR EDUCATION AND RESEARCH INC 3353 WASHINGTON STREET BOSTON MA 02130 222604923 501(C)(3) 40000 TO SUPPORT MASSACHUSETTS FAIR SHARE CAMPAIGN CENTER FOR POPULAR DEMOCRACY 449 TROUTMAN STREET SUITE A BROOKLYN NY 11237 453813436 501(C)(3) 112000 TO SUPPORT CAMPAIGN FOR FAIR EDUCATION FUNDING IN PENNSYLVANIA, UNITING FOR THE SCHOOLS ALL OUR CHILDREN DESERVE CAMPAIGN AND A CAMPAIGN TO SUPPORT COMMUNITY SCHOOLS IN NEW YORK CITY COMMUNITY ASSET DEVELOPMENT REDEFINING EDUCATION (CADRE) 8410 SOUTH BROADWAY LOS ANGELES CA 90003 264753821 501(C)(3) 11000 DISCRETIONARY GRANT THE NEW YORK COMMUNITY TRUST COMMUNITY FUNDS INC THE NEW YORK COMMUNITY TRUST NEW YORK NY 10022 133062214 501(C)(3) 40000 A PHILANTHROPIC COLLABORATIVE FOCUSED ON IMPROVING SYSTEM-WIDE POLICY REFORM IN NEW YORK CITYS PUBLIC SCHOOLS EDITORIAL PROJECTS IN EDUCATION 6935 ARLINGTON ROAD SUITE 100 BETHESDA MD 20814 530246895 501(C)(3) 40000 TO EXPAND EDUCATION WEEKS CAPACITY TO DELIVER INSIGHTFUL, IMPACTFUL DATA-DRIVEN JOURNALISM ON EQUITY ISSUES FAMILIES AND FRIENDS OF LOUISIANAS INCARCERATED CHILDREN (FFLIC) 1307 ORETHA CASTLE HALEY BOULEVARD NEW ORLEANS LA 70113 205924561 501(C)(3) 15000 TO SUPPORT LOUISIANA'S PEOPLES AGENDA FOR EDUCATION CAMPAIGN GIRLS GENDER EQUITY 30 THIRD AVE SUITE 103 BROOKLYN NY 11217 043697166 501(C)(3) 35000 TO SUPPORT THE SCHOOL OUR GIRLS DESERVE CAMPAIGN KENWOOD OAKLAND COMMUNITY ORGANIZATION 4242 S COTTAGE GROVE CHICAGO IL 60653 362598637 501(C)(3) 50000 TO SUPPORT NATIONAL COMMUNITY SCHOOLS CAMPAIGN KIDS RETHINK NEW ORLEANS SCHOOLS 2020 OC HALEY BLVD NEW ORLEANS LA 70113 331203055 501(C)(3) 20000 TO SUPPORT THE NEW ORLEANS EDUCATION EQUITY CAMPAIGN LOUISIANA CENTER FOR CHILDREN'S RIGHTS 1100-B MILTON STREET NEW ORLEANS LA 70122 205961971 501(C)(3) 23000 TO SUPPORT THE NEW ORLEANS EDUCATION EQUITY CAMPAIGN MASSACHUSETTS BUDGET AND POLICY CENTER 15 COURT SQUARE SUITE 700 BOSTON MA 02108 042967537 501(C)(3) 30000 TO SUPPORT MASSACHUSETTS FAIR SHARE CAMPAIGN MASSACHUSETTS COMMUNITIES ACTION NETWORK (MCAN) 150 MT VERNON ST SUITE 200E BOSTON MA 02125 042863903 501(C)(3) 20000 TO SUPPORT MASSACHUSETTS FAIR SHARE CAMPAIGN NATIONAL BLACK JUSTICE COALITION PO BOX 71395 WASHINGTON DC 20024 200667808 501(C)(3) 10000 TO SUPPORT THE WHITE HOUSE SUMMITS LGBTQ YOUTH NATIONAL ECONOMIC AND SOCIAL RIGHTS INITIATIVE 90 JOHN STREET STE 308 NEW YORK NY 10038 731714118 501(C)(3) 100000 TO SUPPORT ZERO TOLERANCE CAMPAIGN NETWORK FOR PUBLIC EDUCATION 117-01 PARK LANE SOUTH APT C2A RICHMOND HILL NY 11418 352532243 501(C)(4) 10000 TO SUPPORT COMMUNITY ACTIVIST SCHOLARSHIPS TO ATTEND THE 2016 NPE CONFERENCE OHIO STATE UNIVERSITY 33 WEST 11TH AVENUE ROOM 209 COLUMBUS OH 43201 311145926 501(C)(3) 147000 TO CONDUCT PILOT RESEARCH FOR NEW ORLEANS AND AN ADDITIONAL CITY TO IDENTIFY INDICATORS FOR THE HEALTHY LIVING LEARNING CAMPAIGN AND TO SUPPORT NATIONAL IMPLICIT BIAS AND SCHOOL DISCIPLINE RESEARCH AND CAPACITY BUILDING INITIATIVE ONE VOICE 1072 W LYNCH STREET JACKSON MS 39203 020787550 501(C)(3) 60000 TO SUPPORT BUILDING PUBLIC WILL FOR HEALTHY LIVING AND LEARNING COMMUNITIES CAMPAIGN IN MISSISSIPPI ORLEANS PUBLIC EDUCATION NETWORK (OPEN) 3321 TULANE AVENUE NEW ORLEANS LA 70119 800378257 501(C)(3) 15000 TO SUPPORT LOUISIANA'S PEOPLES AGENDA FOR EDUCATION CAMPAIGN PHILADELPHIA STUDENT UNION 4534 BALTIMORE AVENUE PHILADELPHIA PA 19143 232815998 501(C)(3) 15000 TO SUPPORT CAMPAIGN FOR FAIR EDUCATION FUNDING IN PENNSYLVANIA PUBLIC POLICY AND EDUCATION FUND OF NEW YORK INC 94 CENTRAL AVE ALBANY NY 12206 133364209 501(C)(3) 60000 TO SUPPORT THE CAMPAIGN FOR FISCAL EQUITY IN NEW YORK PYRAMID COMMUNITY PARENT RESOURCE CENTER 3132 NAPOLEON AVE NEW ORLEANS LA 70125 900149460 501(C)(3) 15000 FOR NETWORKING, COMMUNICATION AND POLICY ADVOCACY TO ADDRESS EDUCATION EQUITY ISSUES IN NEW ORLEANS RACE FORWARD 32 BROADWAY SUITE 1801 NEW YORK NY 10004 942759879 501(C)(3) 25000 TO SUPPORT 2016 FACING RACE NATIONAL CONFERENCE IN ATLANTA, GA ROCKEFELLER PHILANTHROPY ADVISORS 6 WEST 48TH STREET10TH FLOOR NEW YORK NY 10036 133615533 501(C)(3) 30000 TO SUPPORT THE EXECUTIVES ALLIANCE TO EXPAND OPPORTUNITIES FOR BOYS AND MEN OF COLOR, WORKING TO REMOVE SOCIAL AND SYSTEMIC BARRIERS TO OPPORTUNITIES FOR MALES OF COLOR RURAL COMMUNITY ALLIANCE 401 S SCOTT STREET SUITE 7 LITTLE ROCK AR 72201 251917387 501(C)(3) 30000 TO SUPPORT THE ARKANSAS OPPORTUNITY TO LEARN CAMPAIGN EDUCATION VOTERS OF PENNSYLVANIA 675 MASSACHUSETTS AV 8TH FLOOR CAMBRIDGE MA 02139 043457065 501(C)(3) 10000 TO SUPPORT CAMPAIGN FOR FAIR EDUCATION FUNDING IN PENNSYLVANIA SOCIAL & ENVIRONMENTAL ENTREPRENEURSBREAKOUT 23532 CALABASAS RD SUITE A CALABASAS CA 91302 954116679 501(C)(3) 20000 TO SUPPORT THE NEW ORLEANS EDUCATION EQUITY CAMPAIGN SOUTHERN ECHO 1350 LIVINGSTON LANE SUITE C JACKSON MS 39213 640819311 501(C)(3) 35000 TO SUPPORT THE MISSISSIPPI BALLOT INITIATIVE THE REGENTS OF THE UNIVERSITY OF CALIFORNIA CENTER FOR POLICING EQUALITY LOS ANGELES CA 90095 956006143 501(C)(3) 945000 TO RESEARCH AND DISSEMINATE EXAMPLES OF EFFECTIVE SCHOOL DISCIPLINE POLICIES AND PRACTICES THAT CAN HELP ELIMINATE EXCESSIVE AND RACIALLY DISPARATE DISCIPLINARY EXCLUSION FOR STUDENTS WITH AND WITHOUT LEARNING DISABILITIES AND TO SUPPORT RESEARCH STUDY TO ADDRESS THE SCHOOL-TO-PRISON PIPELINE IN BROWARD COUNTY PUBLIC SCHOOLS IN FLORIDA THIRD SECTOR NEW ENGLANDBUILDING MOVEMENT PROJECT 89 SOUTH STREET STE 700 BOSTON MA 021112670 042261109 501(C)(3) 25000 TO SUPPORT COMMUNITY/LABOR PROJECT TIDES FOUNDATIONMEDIA AREA UNIT NAACP PO BOX 29198 SAN FRANCISCO CA 94109 510198509 501(C)(3) 10000 TO SUPPORT CAMPAIGN FOR FAIR EDUCATION FUNDING IN PENNSYLVANIA URBAN LEAGUE OF PHILADELPHIA 121 SOUTH BROAD STREET FLOOR 9 PHILADELPHIA PA 19107 231429810 501(C)(3) 10000 TO SUPPORT CAMPAIGN FOR FAIR EDUCATION FUNDING IN PENNSYLVANIA VIETNAMESE AMERICAN YOUNG LEADERS ASSOCIATION NEW ORLEANS 13235 CHEF MENTEUR HWY SUITE A NEW ORLEANS LA 70129 331143213 501(C)(3) 15000 TO SUPPORT LOUISIANA'S PEOPLES AGENDA FOR EDUCATION CAMPAIGN YOUTHBUILD USA 58 DAY STREET SOMERVILLE MA 02144 223076454 501(C)(3) 25000 TO SUPPORT THE MASSACHUSETTS FAIR SHARE CAMPAIGN 40 1 PART I, LINE 2: THE ORGANIZATION ADHERES TO A STRICT POLICY FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES BY (1) ENABLING IT TO RETAIN CONTROL AND DISCRETION AS TO THE USE OF THE FUNDS; (2) MAINTAINING RECORDS THAT ESTABLISH THAT THE FUNDS WERE USED FOR EXEMPT PURPOSES; AND (3) LIMITING THE DISTRIBUTION OF FUNDS TO SPECIFIC PROJECTS THAT ARE IN FURTHERANCE OF ITS OWN EXEMPT PURPOSE. IN ADDITION, EACH POTENTIAL GRANTEE MUST SUBMIT A GRANT PROPOSAL TO THE ORGANIZATION WHICH OUTLINES THE GRANT AMOUNT REQUESTED AND THE PURPOSE OF THE GRANT. THE ORGANIZATION WILL THEN CONDUCT A PRE-GRANT INQUIRY WHICH ADDRESSES THE FOLLOWING: (1) THE IDENTITY, PRIOR HISTORY, AND EXPERIENCE OF THE GRANTEE ORGANIZATION AND ITS MANAGERS; (2) WHETHER THE GRANTEE HAS A HISTORY OF COMPLIANCE WITH THE TERMS OF PREVIOUS GRANTS; (3) THE CURRENT PROJECT; AND THE CONNECTION TO THE ORGANIZATION'S MISSION. AFTER THE GRANT HAS BEEN APPROVED, A GRANT AWARD LETTER IS SENT TO THE GRANTEE DISCUSSING THE TERMS OF THE GRANT. THIS LETTER REQUIRES THE GRANTEE TO FURNISH THE GRANTOR WITH A REPORT ON THE USE OF THE FUNDS AND THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSE OF THE GRANT. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 JOHN H JACKSON PRESIDENT & CEO 329706 0 50000 0 900 0 26800 0 24969 0 432375 0 0 0 CASSIE SCHWERNER SENIOR VP OF PROGRAMS 168157 0 0 0 900 0 14000 0 28467 0 211524 0 0 0 HEIDI BROOKS CHIEF OPERATING OFFICER 164904 0 0 0 900 0 0 0 17795 0 183599 0 0 0 PART I, LINE 1A ALL EMPLOYEES, INCLUDING THE PRESIDENT AND CEO ARE ELIGIBLE TO BE REIMBURSED $75 PER MONTH FOR HEALTH CLUB MEMBERSHIP. PART I, LINE 7 JOHN JACKSON'S BONUSES ARE DECIDED BY THE EXECUTIVE COMMITTEE AND THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 GREG JOBIN-LEEDS AND MARIA JOBIN-LEEDS ARE HUSBAND AND WIFE. GREG JOBIN-LEEDS IS THE SON OF LISELOTTE J. LEEDS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE ACCOUNTANTS AND IS PROVIDED TO THE BOARD VIA E-MAIL PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL DIRECTORS REVIEW A LIST OF CURRENT GRANTEES AND VENDOR SIGNIFICANT PARTNERS AND DECLARE ANY CONFLICTS OR POTENTIAL CONFLICTS. THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY. ALL OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN AN ANNUAL ACKNOWLEDGEMENT THAT THEY HAVE RECEIVED A COPY OF THE POLICY, UNDERSTAND IT, AND AGREE TO ABIDE BY ITS TERMS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING INITIAL COMPENSATION OF THE ORGANIZATIONS CHIEF EXECUTIVE OFFICER AND OTHER OFFICERS AND KEY EMPLOYEES INCLUDES A REVIEW BY AN OUTSIDE SEARCH FIRM. A SET OF PARAMETERS INCLUDING SALARY AND JOB DESCRIPTION GUIDELINES IS CONVEYED TO THE RECRUITMENT FIRM. THE RECRUITMENT FIRM WILL SEEK OUT INDIVIDUALS WITH THE APPROPRIATE BACKGROUND AND ALSO MAKE RECOMMENDATIONS AS TO THE COMPARABLE SALARIES FOR SIMILAR POSITIONS. THE BASIS OF THE COMPENSATION DECISION IS DOCUMENTED AND BASED ON A DETERMINATION THAT THE AMOUNT PAID IS NO MORE THAN REASONABLE IN VIEW OF SERVICES RENDERED. THE EXECUTIVE COMMITTEE MANAGES THIS PROCESS AND MAKES A RECOMMENDATION TO THE FULL BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. AN INTERESTED PARTY MAY MAKE A REQUEST DIRECTLY TO THE ORGANIZATION. ADDITIONALLY, THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. CAROLINE & SIGMUND SCHOTT FUND 675 MASSACHUSETTS AVENUE 8TH FL CAMBRIDGE MA 02139 112856561 PRIVATE GRANTMAKING FOUNDATION DE 501(C)(3) PF N/A 1 THE OPPORTUNITY TO LEARN ACTION FUND 675 MASSACHUSETTS AVENUE 8TH FL CAMBRIDGE MA 02139 274836929 ADVOCACY ORGANIZATION - EDUCATIONAL DC 501(C)(4) N/A N/A 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 CAROLINE & SIGMUND SCHOTT FUND C 1061000 CASH CAROLINE & SIGMUND SCHOTT FUND L 10000 CASH OPPORTUNITY TO LEARN ACTION FUND N 4409 CASH OPPORTUNITY TO LEARN ACTION FUND Q 23804 CASH